It would take you 11.66 weeks!!
Answer:
$1456.25
Step-by-step explanation:
Given data
P= $1,250
t= 3 years
r=5.5%
The compound interest expression is given as
A= P(1+r)^t
substitute
A= 1250(1+0.055*3)
A= 1250(1+ 0.165)
A= 1250(1.165)
A= 1456.25
Hence the amount after 3 years is $1456.25
Answer:
9 less can be written as -9
Answer:
$62.9 and $98.4
Step-by-step explanation:
Let the cost of tennis shoe be x
Since a jacket cost $35.50 more than a pair of tennis shoe,
Then cost of jacket would be
= $35.50 + x
Total cost of both items would be;
x + $35.50 + x = $161.30
2x = $161.30 - $35.50
2x = $125.8
x = $62.9
Therefore, cost of pair of tennis shoe is $62.9
Jacket cost would now be
= $35.5 + x
= $35.5 + $62.9
= $98.4
Part A:
To get the interest of 1 year
Multiply 20,000 by 5% or 0.05
You get $1,000
Thats the amount for 1 year, now to get for 4 years, multiply 1,000, by 4
She pays $4,000 in interest
Part B:
If she pays it off in 2 years, instead of 4 years, she will pay an interest of $2,000, divide 4 by 2
Part C:
This is the same as part b, she saves $2,000
Hope this helps
-GoldenWolfX
